The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest influenza diagnostic market share.

The global influenza diagnostic market is expected to grow from $2.42 billion in 2022 to $2.59 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The global influenza diagnostic market size is expected to grow to $3.37 billion in 2027 at a CAGR of 6.8%.

Major Driver In The Influenza Diagnostic Market ­– Increase In Funding For Research On Influenza Diagnostics
For example, in April 2021, the National Institute of Allergy and Infectious Diseases (NIAID), a division of the National Institutes of Health, allocated $24 million to five Centres of Excellence for Influenza Research and Response (CEIRR), including one at St. Jude Children’s Research Hospital. The federal contract gave more than $8.9 million in financing for St. Jude’s research in the first year, with the goal of better understanding, forecasting, tracking, and treating emerging influenza and other viruses.

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Key Influenza Diagnostic Market Segments
1) By Traditional diagnostic tests: Rapid influenza diagnostic tests (RIDT), Viral Culture, DFA, Serological assays, Other Traditional diagnostic tests
2) By Molecular diagnostic tests: Reverse Transcription Polymerase Chain Reaction (RT-PCR), Isothermal Nucleic Acid Amplification Tests (INAAT), Loop Mediated Isothermal Based Amplification Assays, Transcription Mediated Isothermal Based Amplification Assays, Transcription Mediated Isothermal Based Amplification Assays, Other Isothermal Nucleic Acid Amplification Tests, Other Molecular Diagnostic Tests
3) By End User: Hospitals & Clinical Laboratories, Diagnostic Reference Laboratories, Academic/Research Institutes, Other End Users

Recent Influenza Diagnostic Market Trend – Adopting Rapid Influenza Diagnostic Tests
RIDTs are immunoassays that can detect the presence of influenza A and B viral nucleoprotein antigens in respiratory specimens and display the result in a qualitative manner (positive vs. negative). It can yield results in a clinically relevant time frame of less than approximately 15 minutes and diagnose patients with influenza-like illness, primarily if performed within the first four days of the onset of symptoms.

Influenza Diagnostic Market Prominent Players
Major players in the influenza diagnostic market are F. Hoffmann-La Roche Ltd., Quidel Corporation, ?h?rm? F??h?r, Abbott Laboratories, Hologic, Becton Dickinson and Company, DiaSorin S.p.A., Luminex Corporation, Meridian Bioscience Inc. and GenMark Diagnostics.

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The Influenza Diagnostic Global Market Report 2023  provides a comprehensive overview on the influenza diagnostic market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the influenza diagnostic market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Influenza diagnostic tests, which include viral culture, serology, quick antigen testing, reverse transcription-polymerase chain reaction (RT-PCR), immunofluorescence assays, and rapid molecular assays, are used to diagnose influenza. Influenza, also referred to as the flu, is a communicable sickness caused by the influenza virus. There are three types of this virus that impact humans: type A, type B, and type C. Fever, sore throat, cough, body discomfort, weariness, and headache are all common symptoms. Revenues generated by establishments performing diagnostic tests for influenza virus detection comprise the market.

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